Transcribed Image Text
Which of the following statements regarding float is MOSTtrue?A. A net disbursement float is generally preferred over a netcollection float.B. To maximize the potential benefits of net float, firms shouldpay bills electronically, but request that customers pay bycheque.C. A disadvantage of a disbursement float is that less bankfunds are available to earn interest.D. If Company A writes cheques to Company B, with an averageprocessing delay of 10 days, this transaction would increaseCompany B's disbursement float, but decrease company A's collectionfloat.
Other questions asked by students
Advance Math
Civil Engineering
General Management
Accounting
Accounting
Accounting